Dec 8 2009
The New Economic Misery Index: Five Sectors that Show Financial Pain for Americans. Food Stamps, Bankruptcy, Credit Access, Employment, and Housing.
Talking with a few colleagues I was reminded about a misery index used in the 1970s to measure the real feel of the stagflation hitting the country. Today, we have a more insidious version of economic crisis because what is good for Wall Street is counter to what is good for the average American. There [...]
Nov 30 2009
American Financial Dream Deferred: How the U.S. is Mirroring the Japanese Lost Decade after the Heisei Boom.
This weekend I decided to take a trip to a couple of local stores to pick up some food that didn’t involve turkey so I wouldn’t be fatigued of eating the same thing for the entire week. A chain grocery store had about five people on a Sunday when it typically would have many more. [...]
